I also want to purchase a home fha 5% Down for me and wife with newborn on Way, I can’t find duplex at good price that I’m willing to live in so may have to get a single house!

I also want to purchase a home fha 5% Down for me and wife with newborn on Way, I can’t find duplex at good price that I’m willing to live in so may have to get a single house!

I used a portfolio lender and bought a duplex near my hometown without any issues as a rental property, and I am now looking for another one.

@Marlon Walls try a local REIA group.

Last year, we purchased a very nice 9 unit portfolio from an elderly couple (fourplex, triplex and duplex).

I saw a duplex that I wanted more information on so I sent an email.  

Hello all- new here to posting on the forum but have been following and reading up the past few months and had a quick clarification question on private money loans and refinancing with BRRRR.I would just like to make sure I am thinking about this situation correctly.Let's say I were to buy a duplex for $80,000 that needed $20,000 in rehab that would put the ARV around $120,000 and was able to obtain a private money loan for the $100,000 at 10% interest could I then rent out one side of the duplex, move into the other side and refinance after a 12 month seasoning period?

There are plenty of duplexes and 2/1's in older neighborhoods that you could put some sweat equity into in the next couple years and turn a nice profit.

I'm looking at SFH or perhaps a duplex to get my feet wet.  

I currently have a deal on a duplex that's under contract and I've run into some appraisal issues with the current hard money lender I'm using at the moment because they're using appraisers who are not familiar with the market of the local area.